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Vicinity Motor Corp VEV


Primary Symbol: V.VMC

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company is engaged in the production and sale of buses and spare parts in North America. It leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its electric chassis alongside J.B. Poindexter business unit EAVX, which is the Company's partner, for upfitting into delivery vehicles. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. Its geographic segments include United Stated and Canada. The Company’s subsidiaries include Vicinity Motor (Bus) USA Corp. and Vicinity Motor (Bus) Corp.


TSXV:VMC - Post by User

Post by VicVegason Mar 30, 2021 1:07am
320 Views
Post# 32904135

Facts

FactsReading here from time to time It's hard not to laugh.  You have the dude with the last of many pessimistic replies.   Well it's ONLY so many buses.   "They're going to need so many more".  They've posted 2 orders in 4 days.   Unimpressive?  The logical person would surmise that you a: got burned here from before, b:didn't load enough here before because you thought it was going back to $1 like has been called out here recently or c:paid to soft bash, bash or whatever you want to call it or d:short, short, short.  Whatever you want to say about these guys in the past doesn't really have alot of relevance at this point.  The float is quite attractive,  not alot of debt,  they're putting pen to paper as of lately.  More exposure incoming on the Nasdaq which could lead to bigger investment from larger players and compared to other competitors in the sector a very attractive discounted market cap.   They have the right products in the right segments atm and orders on the US side which is promising.     
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